Trinidad and Tobago Inflation Rate 1960-2024
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly. The Laspeyres formula is generally used.
- Trinidad and Tobago inflation rate for 2023 was 4.63%, a 1.2% decline from 2022.
- Trinidad and Tobago inflation rate for 2022 was 5.83%, a 3.77% increase from 2021.
- Trinidad and Tobago inflation rate for 2021 was 2.06%, a 1.46% increase from 2020.
- Trinidad and Tobago inflation rate for 2020 was 0.60%, a 0.4% decline from 2019.
| Trinidad and Tobago Inflation Rate - Historical Data |
| Year |
Inflation Rate (%) |
Annual Change |
| 2023 |
4.63% |
-1.20% |
| 2022 |
5.83% |
3.77% |
| 2021 |
2.06% |
1.46% |
| 2020 |
0.60% |
-0.40% |
| 2019 |
1.00% |
-0.02% |
| 2018 |
1.02% |
-0.86% |
| 2017 |
1.88% |
-1.19% |
| 2016 |
3.07% |
-1.59% |
| 2015 |
4.66% |
-1.02% |
| 2014 |
5.68% |
0.48% |
| 2013 |
5.20% |
-4.06% |
| 2012 |
9.26% |
4.15% |
| 2011 |
5.11% |
-5.44% |
| 2010 |
10.55% |
3.57% |
| 2009 |
6.98% |
-5.05% |
| 2008 |
12.03% |
4.14% |
| 2007 |
7.89% |
-0.44% |
| 2006 |
8.33% |
1.46% |
| 2005 |
6.87% |
3.15% |
| 2004 |
3.72% |
-0.09% |
| 2003 |
3.81% |
-0.34% |
| 2002 |
4.15% |
-1.39% |
| 2001 |
5.54% |
1.98% |
| 2000 |
3.56% |
0.12% |
| 1999 |
3.44% |
-2.17% |
| 1998 |
5.61% |
1.99% |
| 1997 |
3.63% |
0.22% |
| 1996 |
3.40% |
-1.78% |
| 1995 |
5.18% |
-3.63% |
| 1994 |
8.81% |
-2.02% |
| 1993 |
10.84% |
4.40% |
| 1992 |
6.44% |
2.66% |
| 1991 |
3.78% |
-7.28% |
| 1990 |
11.06% |
-0.37% |
| 1989 |
11.43% |
3.67% |
| 1988 |
7.76% |
-2.99% |
| 1987 |
10.75% |
3.06% |
| 1986 |
7.69% |
0.07% |
| 1985 |
7.62% |
-5.71% |
| 1984 |
13.33% |
-1.84% |
| 1983 |
15.18% |
3.54% |
| 1982 |
11.63% |
-2.70% |
| 1981 |
14.33% |
-3.14% |
| 1980 |
17.47% |
2.75% |
| 1979 |
14.72% |
4.47% |
| 1978 |
10.26% |
-1.49% |
| 1977 |
11.74% |
1.05% |
| 1976 |
10.69% |
-6.29% |
| 1975 |
16.98% |
-5.05% |
| 1974 |
22.03% |
7.21% |
| 1973 |
14.81% |
5.51% |
| 1972 |
9.30% |
5.77% |
| 1971 |
3.53% |
1.01% |
| 1970 |
2.52% |
0.09% |
| 1969 |
2.44% |
-5.80% |
| 1968 |
8.23% |
6.10% |
| 1967 |
2.14% |
-1.96% |
| 1966 |
4.09% |
2.31% |
| 1965 |
1.78% |
0.92% |
| 1964 |
0.86% |
-2.90% |
| 1963 |
3.76% |
0.78% |
| 1962 |
2.98% |
1.46% |
| 1961 |
1.52% |
-0.56% |
| 1960 |
2.08% |
-0.56% |
